Two Chinese tech executives have paid fines related to insider trading charges, after an FT investigation highlighted share sales ahead of poor earnings results.The US Securities and Exchange Commission had charged Cheetah Mobile chief executive Sheng Fu and its former president and chief technology officer Ming Xu. Its action came 10 months after a Financial Times investigation found that in 2016, Fu initiated share sales worth as much as $31mn a few weeks before reporting quarterly results that sent Cheetah shares plummeting 30 per cent.
兩名中國科技公司高管已支付與內幕交易指控有關的罰款。此前,英國《金融時報》的一篇調查報道凸顯了兩人在相關公司表現不佳的財報公布之前出售股票的行為。
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